Wealth Operations Assistant I

About the role

This position assists with administrative and operational tasks, ensuring smooth processing of client transactions and accurate record-keeping. It also provides back-up coverage and support within the Wealth Management department when needed.

Responsibilities

• Assists with processing of wires, distributions, deposits, and check printing to ensure timely and accurate client transactions.
• Updates market values and cost basis information in trust software system per monthly, quarterly, and annual schedules.
• Inputs and updates client information in trust software system, maintaining up-to-date records and ensuring data integrity.
• Processes ACH transactions for trust clients, both incoming and outgoing, per their request.
• Reconciles daily trade settlements and cash transactions for mutual funds, stocks, and dividends received.
• Balances daily transactions, incoming and outgoing, at the end of each day.
• Performs other duties as assigned.

Requirements

• High School Diploma, or equivalent, required.
• 1-2 years’ related experience as a trust assistant, or similar financial services position, preferred.

Skills

• Excellent communication skills, both verbal and written.
• Strong attention to detail and organization skills.
• Honesty and respect for confidential information.